Elizabeth Warren will be appointed to the Senate banking committee, reports HuffPo. This is GREAT AND SENSIBLE NEWS. Warren is a champion of the people and a outspoken critic of Wall Street, and on the committee her “bully pulpit [will] be replaced with real power.” Last week NY Mag’s Kevin Roose talked to some banking dudes about Sen-Elect Warren and why she stalks their nightmares: “What scares Wall Street most is that, unlike many industry detractors, Warren can stand toe-to-toe with industry lobbyists on the nuances of regulation and the nature of complex financial products. She is also skilled at boiling esoteric points about Wall Street’s excesses down to a pure, potent narrative of intentional malpractice.” AND SHE’S ON OUR TEAM.
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